First Bancorp
FBNC
94 hedge funds and large institutions have $180M invested in First Bancorp in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 28 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
21% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 28
9% more funds holding
Funds holding: 86 → 94 (+8)
7% more capital invested
Capital invested by funds: $169M → $180M (+$11.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$8.46M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.03M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$636K |
| 4 |
MCM
Maltese Capital Management
New York
|
+$432K |
| 5 |
MC
Menta Capital
San Francisco,
California
|
+$384K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$3.11M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$527K |
| 3 |
Two Sigma Investments
New York
|
-$426K |
| 4 |
Bank of New York Mellon
New York
|
-$370K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$114K |
FBNC Hedge Fund Activity: Q3 2015 in Review
94 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q3 2015, worth a combined $180M — up 6.6% from $169M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FBNC positions and 2 closed out — a net gain of 8 holders — while 34 added to existing stakes and 28 trimmed.
The largest buyer was EJF Capital, opening a new position worth an estimated $8.46M. The largest seller was Bryn Mawr Capital Management Inc, cutting an estimated $3.11M.
- 94 institutional investors held First Bancorp (FBNC) as of Q3 2015, up from 86 in Q2 2015.
- Funds reported $180M of First Bancorp stock for Q3 2015, up 6.6% quarter-over-quarter.
- 10 funds opened new First Bancorp positions in Q3 2015 and 2 closed out, a net change of +8 holders.
- The largest First Bancorp buyer in Q3 2015 was EJF Capital, an estimated $8.46M added.
- The largest First Bancorp seller in Q3 2015 was Bryn Mawr Capital Management Inc, an estimated $3.11M sold.
Based on aggregated 13F filings for Q3 2015.